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These days, finding an affordable place to live in the 62045 area can be challenging. Home prices in 62045 are now at a median cost of $202,661, lower than the Illinois average of $300,242.
The average cost of rent is $561/mo in 62045, primarily driven by the current value of real estate in the 62045 area. In 62045, 3.66% of households rent, and 62.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 62045 is $7,828 per month. Households that rent pay about 7.16% of their income on rent here. 62045’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 62065, IL: less expensive homes
- 62070, IL: less expensive homes
- 62053, IL: less expensive homes
- 62047, IL: less expensive homes
- 63330, MO: less expensive homes
- 63343, MO: less expensive homes
- 62027, IL: less expensive homes
- 62031, IL: equally priced homes
- 63336, MO: less expensive homes
- 63344, MO: less expensive homes
Zip Codes with Similar Populations
- 24132, VA: less expensive homes
- 89425, NV: higher priced homes
- 87940, NM: less expensive homes
- 25264, WV: less expensive homes
- 25047, WV: less expensive homes
- 24924, WV: less expensive homes
- 24881, WV: less expensive homes
- 24716, WV: less expensive homes
- 24476, VA: higher priced homes
- 24458, VA: higher priced homes
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